Category: Local News

A top International Finance Corporation (IFC) official said the organization aims to boost its investments in Sri Lanka, with a focus on supporting private sector job creation, paving the way for investments to help spur the country’s recovery and future growth.

Minister of Water Supply, Vasudeva Nanayakkara, said he will notify President Gotabaya Rajapaksa in writing that he will not attend Cabinet meetings but will carry out his ministerial responsibilities.

Sri Lankan economy loses around Rs. One Billion daily due to the existing power cuts.

Veteran actor and comedian, Berty Gunathilake has passed away at the age of 98 today morning (March 06).

India has called for a road map from Sri Lanka on how it is going to overcome its economic crisis in the long term as well as to clear the decks for a long list of its economic cum strategic demands for implementation in the North and the East of Sri Lanka.

Sri Lankan Foreign Minister, Prof. G.L. Peiris says there are serious anomalies and weaknesses in the report presented to the United Nations Human Rights Council (UNHRC) by the High Commissioner for Human Rights Michelle Bachelet.

The National People’s Power claims in order to eliminate poverty and improve the economic conditions of rural folk, the livelihoods of the poverty-stricken must be uplifted.

Central Bank Governor Ajith Nivard Cabraal stressed that there is no conflict between him and Finance Minister Basil Rajapaksa.

UN Human Rights High Commissioner Michelle Bachelet today urged the Sri Lankan Government to acknowledge the rights of the victims and families of the disappeared, urgently determine the fate or whereabouts of victims, bring perpetrators to justice and provide reparations.

Sri Lanka has paid USD 39.3 million via the state-owned Bank of Ceylon to the Singaporean company for a tanker carrying diesel and jet fuel docked at the Colombo Port, the Ministry of Energy says.

Under the Cabinet reshuffle, few more Cabinet Ministers and State Ministers were sworn in before President Gotabaya Rajapaksa at the Presidential Secretariat today (March 04).

Minister of Water Supply Vasudeva Nanayakkara says he cannot continue in his Ministerial post, following the recent developments.

The Central Bank of Sri Lanka has advised the government to consider increasing fuel prices and electricity tariffs immediately to reflect the cost.

The report compiled over a clash at the Medical Faculty of the University of Kelaniya in Ragama between two student groups at the hostel premises of the faculty has been handed over to President Gotabaya Rajapaksa.

President Gotabaya Rajapaksa removed Udaya Gammanpila and Wimal Weerwansa from their ministerial portfolios with effect from today (March 03) evening, as per the powers vested in him by the constitution.

The International Monetary Fund warned crisis-hit Sri Lanka on Thursday that its foreign debt was “unsustainable”, and called for devaluation and higher taxes to revive the almost bankrupt economy.